Jan 18, 2025 3:53 a.m.

Crude oil rose on weaker dollar, US stimulus

Crude oil rose on weaker dollar, US stimulus

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International benchmarks for crude oil trader higher on Thursday, 11 March 2021 on weaker US dollar for third straight day, and the US government signed the $1.9 trillion stimulus package into law that would boost demand.

Brent closed at $69.52/barrel, up $1.62/barrel or 2.39%.

WTI ended the session at $65.94/barrel, up $1.5/barrel or 2.33%.